2019 Financial Results

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So the "$4.5 M contribution by SOL" must indicate an operating surplus......and a combination of depreciation and interest likely accounts for that ~$30M
You get an idea of depreciation in the concise annual report. The_Wookie has put up the ones for 2018 and 2016

2018 AFL Concise Annual Report

Page 20 Note 3 Expenses from Operating Activities both parts a and b, you get the depreciation numbers as well as see there was amortisation of intangibles in 2018 $7.7m and 2017 $8.1m

Page 25 Note 11 you get the Docklands depreciation, looks like AFL main company has depreciating assets there, as well as the consolidated group

Page 25 Note 12 the Amortisation of Intangibles total is made up of the Medallion Club and stadium naming rights and supplier relationships, and all expenses are in the subsidiary company.

The balance to get to $30m total difference is interest expenses.

2016 accounts, same notes, give you an idea how little depreciation and amortisation expenses were pre buying Docklands.

2016 AFL Concise Annual Report
 

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BringBackTorps

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The total payments to AFL Executives and Commissioners was $10.57 million in 2019, as against $10.73 million in 2018.
Does the AFL CEO G. McLachlan have a vote on the Commission?
If so, is he considered a Commissioner- or only an Executive?

I assume that, as the Commissioners are part time, their remuneration would be a very small part of the total $10.57 million that was spent.
What were their full, total payments?

Was Mc Lachlan's FULL remuneration detailed- including gross pay, bonuses, super, fringe benefits, other payments etc.? And the amount?
What were the bonuses for- & how much was he paid in bonuses?
(IIRC, c.12 mnths ago, it was announced that McLachlan's remuneration would no longer be separately detailed from the other Executives)

How many others in y/e 2019 are considered "Executives"? And their gross pay (including Mc Lachlan, if separate details are not provided for him)?
 
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NoobPie

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Does the AFL CEO G. McLachlan have a vote on the Commission?
If so, is he considered a Commissioner- or only an Executive?

I assume that, as the Commissioners are part time, their remuneration would be a very small part of the total $10.57 million that was spent.
What were their full, total payments?

Was Mc Lachlan's FULL remuneration detailed- including gross pay, bonuses, super, fringe benefits, other payments etc.? And the amount?
What were the bonuses for- & how much was he paid in bonuses?
(IIRC, c.12 mnths ago, it was announced that McLachlan's remuneration would no longer be separately detailed from the other Executives)

How many others in y/e 2019 are considered "Executives"? And their gross pay (including Mc Lachlan, if separate details are not provided for him)?

McLachlan is also a Commissioner I'm pretty sure

I think from faint memory there are about 15 Executives
 
McLachlan is also a Commissioner I'm pretty sure

I think from faint memory there are about 15 Executives
Yes + 9 others make 10. Used to be 8 inc the CEO until they tried to get women on the Commission, went to 9 then 10, starting with Sam Mostyn in 2005.

2 women on there now are Simone Wilkie ex Major General of the Army and wife of Tassie independent member in Canberra Andrew Wilkie and lawyer and ex federal bureaucrat, went onto public company boards and was on GWS board, Gabrielle Trainor.
 

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NoobPie

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Yes + 9 others make 10. Used to be 8 inc the CEO until they tried to get women on the Commission, went to 9 then 10, starting with Sam Mostyn in 2005.

2 women on there now are Simone Wilkie ex Major General of the Army and wife of Tassie independent member in Canberra Andrew Wilkie and lawyer and ex federal bureaucrat, went onto public company boards and was on GWS board, Gabrielle Trainor.

Pretty sure there is a third woman commissioner now - aboriginal academic from Perth
 
Pretty sure there is a third woman commissioner now - aboriginal academic from Perth
You're right she was appointed this time last year - Prof Helen Milroy and that's when it was expanded from 9 to 10.
 

NoobPie

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So in line with yesterday's discussion, it looks like the AFL itself (before consolidation of affiliates) is around the $50M mark again.


More generally it has to be said, the football department cap has been a financial masterstroke by the AFL.

It is harder to demonstrate the causation of a closer competition its impact on overall revenues but certainly the fact that the clubs have been collectively reporting $30M plus in profits each year over the last three years as well can at least in part be attributed to the soft cap
 

Les Malone

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Fremantle have had a financial loss of over 1.6 million for the past year.Declining membership and off loading previous coach and ceo listed as main reasons.

Lyon took them for a ride IMO.

Freo should be making plenty of money, plenty of money to grow the club and footy in WA.

FFS they have 50/60 thousand members.

I hope under the new coach they play a WA brand of exciting open football.
 

NoobPie

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Sep 21, 2016
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Lyon took them for a ride IMO.

Freo should be making plenty of money, plenty of money to grow the club and footy in WA.

FFS they have 50/60 thousand members.

I hope under the new coach they play a WA brand of exciting open football.

To be fair the only clubs that received a lower distribution than the Dockers in 2018 were Collingwood, West Coast, Hawthorn and Geelong. Every other club, including Richmond, got a higher base distribution than the Dockers


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Les Malone

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Jul 28, 2019
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To be fair the only clubs that received a lower distribution than the Dockers in 2018 were Collingwood, West Coast, Hawthorn and Geelong. Every other club, including Richmond, got a higher base distribution than the Dockers


View attachment 826261

That may well be so, ... they have a mortgage on 35/40% of WA, they should be making money hand over fist regardless.

Should they be a tad successful that % would rise.

Freo have an obligation IMO as the real home of WA footy to play a WA style, which is generally an open exciting fast brand of footy.
 
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That may well be so, ... they have a mortgage on 35/40% of WA, they should be making money hand over fist regardless.

Should they be a tad successful that % would rise.

Freo have an obligation IMO as the real home of WA footy to play a WA style, which is generally an open exciting fast brand of footy.
Are you comparing the Eagles & the Dockers ? Hardly reasonable imho.
The 7% drop in memberships with no real possibility of short term (2020) improvement appears to me to be the reason for both CEO & Coach being terminated.
No long term problem imho.
 

jatz14

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That may well be so, ... they have a mortgage on 35/40% of WA, they should be making money hand over fist regardless.

Should they be a tad successful that % would rise.

Freo have an obligation IMO as the real home of WA footy to play a WA style, which is generally an open exciting fast brand of footy.
It's their first loss in 4 or 5 years. Is there any point to never ending profit for football clubs?

On moto g(6) plus using BigFooty.com mobile app
 

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